About Magna Finance
Magna Finance is a company based in Jakarta (Indonesia) founded in 1984.. The company has 51 employees as of December 31, 2024. Magna Finance operates in a competitive market with competitors including Carro, Wom Finance, Mega Finance, Mandiri Utama Finance and Mandiri Tunas Finance, among others.
- Headquarter Jakarta, Indonesia
- Employees 51 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Pt Magna Investama Mandiri Tbk
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Annual Revenue
$3.1 M (USD)5.24as on Dec 31, 2024
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Net Profit
$348.44 K (USD)0as on Dec 31, 2024
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EBITDA
$1.06 M (USD)-4.14as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
51
as on Dec 31, 2024
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IPO & Listings of Magna Finance
Magna Finance is a publicly listed company on the IDX with ticker symbol MGNA in Indonesia, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Magna Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Magna Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Magna Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magna Finance Comparisons
Competitors of Magna Finance
Magna Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carro, Wom Finance, Mega Finance, Mandiri Utama Finance and Mandiri Tunas Finance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Full-stack marketplace services for car ownership are provided.
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| domain | founded_year | HQ Location |
Auto loans and financing services are provided in Indonesia.
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| domain | founded_year | HQ Location |
Offers comprehensive auto loan solutions to individual customers.
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| domain | founded_year | HQ Location |
Provides financing for vehicles and loans through conventional and syariah options.
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| domain | founded_year | HQ Location |
Operates as a provider of auto loans for individual financing needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Magna Finance
Frequently Asked Questions about Magna Finance
When was Magna Finance founded?
Magna Finance was founded in 1984.
Where is Magna Finance located?
Magna Finance is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
How many employees does Magna Finance have?
As of Dec 31, 2024, the latest employee count at Magna Finance is 51.
What is the annual revenue of Magna Finance?
Annual revenue of Magna Finance is $3.1M as on Dec 31, 2024.
What does Magna Finance do?
Magna Finance was founded in 1984 in Jakarta, Indonesia. Operations are centered in the financial services sector, with a primary focus on automotive financing. Vehicle loans are extended to individuals and businesses, supporting purchases of cars and related assets. Services are delivered nationwide from the headquarters in Jakarta. The companys domain, magnafinance.co.id, facilitates access to loan applications and information. Activities remain aligned with Indonesias regulatory framework for consumer lending.
Who are the top competitors of Magna Finance?
Magna Finance's top competitors include Carro, Wom Finance and Batavia Prosperindo Finance.
Is Magna Finance publicly traded?
Yes, Magna Finance is publicly traded on IDX under the ticker symbol MGNA.
What is Magna Finance's ticker symbol?
The ticker symbol of Magna Finance is MGNA on IDX.